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Damm [24]
3 years ago
8

Total amount if $500 is invested at 4% compounded annually for 10 years

Mathematics
1 answer:
ycow [4]3 years ago
3 0
P(10) = P(2.7183) ^ 0.04 times 10
P(10) = P(2.7183) ^ 0.4
P(10) = P(<span>1.49182868673)
P(10) = </span><span>745.914343367
Rounded, it would be 746. Hope it </span>helps! :)
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